Spice Money Payments Solution
Enable over 660 million+ Aadhaar linked bank account holders to transact card-lessCurrently, only 3 million Point of Sale (POS) machines facilitate Debit/Credit Card payment to Merchants. Spice Money Aadhaar Pay Solution for small merchant will enable over 660 million+ Aadhaar linked bank account holders to transact card-less across merchant locations. This will enable the customer to have a hassles free transactions, the customer need not carry his/her phone, debit card, credit card, remember PIN and transact with “Nil” MDR.
The Merchant will also have a low-cost option of accepting payment card using a Mobile POS.
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